Saudi To Invest $100 Billion In India

New Delhi: After signing MoUs worth US$20 billion with Pakistan, Crown Prince Mohammad bin Salman (MBS) expressed his interest to invest US$100 billion in India. The investment will be made in energy, oil refining and infrastructure, according to the Ministry of External Affairs here. Saudi ARAMCO, the world’s biggest oil company, is exploring investment options with Reliance Industries.
MBS said that terrorism was a common concern and Saudi Arabia will share intelligence with India to deal with it. MBS will leave for China on Thursday. 


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